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Volkswagen considering replacing CEO Müller

Volkswagen considering replacing CEO Müller

Volkswagen is considering replacing its chief executive, Matthias Müller, as part of an unexpected management shake-up announced on Tuesday.

Published 1 second ago

Exxon, Qatar in Talks on U.S. Shale Deal

Exxon, Qatar in Talks on U.S. Shale Deal

Exxon Mobil is in talks with Qatar over a partnership that could see the Middle Eastern nation owning U.S. gas.

Published 6 months ago

Global Stocks Extend Rally on Easing Trade Fears

Global Stocks Extend Rally on Easing Trade Fears

Global stocks’ rally intensified, after remarks from Chinese President Xi Jinping soothed the trade-war fears that have roiled markets in recent weeks.

Published 6 months ago

Ivan Glasenberg steps down from Rusal board as sanctions bite

Ivan Glasenberg steps down from Rusal board as sanctions bite

Rouble falls and Russian aluminium producer’s shares dive

Published 1 second ago

Jack Ma’s Ant Financial To Raise $9 Billion, Become World’s Biggest Unicorn

Jack Ma’s Ant Financial To Raise $9 Billion, Become World’s Biggest Unicorn

Ant Financial Services Group, carved out of Mr. Ma’s e-commerce giant Alibaba Group Holding Ltd. seven years ago, is preparing to raise $9 billion in a private funding round, according to people familiar with the matter. That ups a previous fundraising target of $5 billion.

Published 6 months ago

Glencore’s Glasenberg Quits Rusal Board as U.S. Sanctions Bite

Glencore’s Glasenberg Quits Rusal Board as U.S. Sanctions Bite

Glencore Chief Executive Ivan Glasenberg has resigned as a director of Rusal, as fresh U.S. sanctions against Russia ensnarled one of the world’s largest multinationals.

Published 6 months ago

Lawyers for Trump Firm in Panama Sought Help From Its President

Lawyers for Trump Firm in Panama Sought Help From Its President

Lawyers representing President Donald Trump’s business asked Panama’s president last month for help in a legal dispute over the control of a luxury hotel, writing in a letter that the case would have repercussions for the small Central American country.

Published 6 months ago

How Pizza Night Can Cost More in Data Than Dollars

How Pizza Night Can Cost More in Data Than Dollars

Even a low-key evening at home can mean handing over a trove of personal information to high-tech companies

Published 6 months ago

Facebook’s Mark Zuckerberg Testifies Before Congress: What to Watch

Facebook’s Mark Zuckerberg Testifies Before Congress: What to Watch

Lawmakers pressing Facebook on its handling of personal user data turn their sights to Mark Zuckerberg. Here are five things to look for when he testifies before Senate and House committees.

Published 6 months ago

Big Banks Find a Back Door to Finance Subprime Loans

Big Banks Find a Back Door to Finance Subprime Loans

Big banks like Wells Fargo and Citigroup are taking a new approach to the subprime market by lending a record amount to nonbank financial firms.

Published 6 months ago

Forget Snow and Rain, Washington Can Stop the Postal Service

Forget Snow and Rain, Washington Can Stop the Postal Service

At a time when many government agencies are relying on acting directors or making do with unfilled positions, the U.S. Postal Service may have it the worst. Its governing board has been empty since December 2016.

Published 6 months ago

Russian Ruble Tumbles Further on Political Shocks

Russian Ruble Tumbles Further on Political Shocks

The Russian ruble suffered a second day of heavy selling as the country's government comes under geopolitical pressure.

Published 6 months ago

Yulia Skripal discharged from hospital

Yulia Skripal discharged from hospital

The daughter of the former Russian double agent targeted in the Salisbury nerve agent attack has been discharged from hospital.

Published 1 second ago